Carney, Ford unveil $9B plan to support industries hit by tariff war

By Sarah Ritchie The federal and Ontario governments are putting billions of dollars on the line to help bolster the province’s key sectors — steel, critical minerals and auto manufacturing — as they continue to manage the fallout of tariffs from the United States. Prime Minister Mark Carney said the $8.7-billion plan goes hand-in-hand with changes the Liberal government is making to speed up project reviews and push forward major projects, which will create massive demand for critical minerals and manufacturing capability. “More jobs, more opportunity, more prosperity, more sovereignty, so we can live our lives as we choose,” he said. Ontario Premier Doug Ford, standing alongside Carney during the announcement in Ottawa on Wednesday, called the plan transformative. Ford said it’s clear the Canada-U.S. relationship has changed permanently. “No…

This content is for Yearly Subscription, Yearly Subscription – Corporate, Print Subscription Only, Canada Print and Online, and USA Print and Online members only.
Register
Already a member? Log in here

Add Your Voice

Is there more to this story? We'd like to hear from you about this or any other stories you think we should know about. Contribute your voice on our contribute page.